Vladimir Vladimirov U.S. Treasury Secretary Scott Bessent has called on Congress to swiftly pass a long-delayed Digital Asset Market Clarity Act (CLARITY Act) bill. “The regulatory framework for digital asset markets is unclear,” Bessent said in an op-ed published in The Wall Street Journal on Wednesday. He warned that a lack of regulatory clarity is driving innovation overseas and could erode the...
Vladimir Vladimirov U.S. Treasury Secretary Scott Bessent has called on Congress to swiftly pass a long-delayed Digital Asset Market Clarity Act (CLARITY Act) bill. “The regulatory framework for digital asset markets is unclear,” Bessent said in an op-ed published in The Wall Street Journal on Wednesday. He warned that a lack of regulatory clarity is driving innovation overseas and could erode the U.S. leadership in the rapidly growing crypto market, urging lawmakers to act in time. "This uncertainty had predictable consequences. A growing share of crypto development relocated to places with clear rules, such as Abu Dhabi and Singapore. Abroad, firms knew when and how to register, what standards to meet, and how to operate. The benefits of domiciling in the U.S. rarely outweighed the risks." "With stablecoins gaining a regulatory foothold, the next frontier is the financial infrastructure they power: tokenized assets, decentralized exchanges and new means of capital formation. Whether that ecosystem—and its associated jobs and tax revenue—will develop domestically or abroad depends on the durability of U.S. rules," Bessent wrote . The CLARITY Act aims to establish federal rules distinguishing digital commodities under CFTC oversight from securities under the SEC, reducing regulatory uncertainty for crypto firms, exchanges, and banks. The legislation, which already passed the House of Representatives in 2025, remains stalled in the Senate amid ongoing disagreements between traditional banks and crypto firms—particularly over rules governing stablecoin interest payments. Dear readers : We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on crypto BTC: Grayscale's Bitcoin ETF Challenging The Major Asset Management Firms What We Can Learn From Warren Buffett's Mistakes Going Forward MSBT launch + ceasefire not enough for Bitcoin—what are flows hiding? No crypto ETF...
Pure Cycle press release ( PCYO ): Q2 GAAP EPS of $0.05. Revenue of $5.2M (+30.3% Y/Y). EBITDA for the three and six months ended February 28, 2026 and 2025 of $2.2 million and $8.9 million, and $1.8 million and $7.6 million. Cash & cash equivalents totaled $4.8 million on February 28, 2026. For the three and six months ended February 28, 2026, we delivered 272 and 418 acre-feet of water. More on ...
Pure Cycle press release ( PCYO ): Q2 GAAP EPS of $0.05. Revenue of $5.2M (+30.3% Y/Y). EBITDA for the three and six months ended February 28, 2026 and 2025 of $2.2 million and $8.9 million, and $1.8 million and $7.6 million. Cash & cash equivalents totaled $4.8 million on February 28, 2026. For the three and six months ended February 28, 2026, we delivered 272 and 418 acre-feet of water. More on Pure Cycle Pure Cycle Regains Momentum From Oil And Gas And A Clearer Strategy Financial information for Pure Cycle
A shopper select pork at a supermarket in Shanghai on April 4. Photo: VCG China’s factory-gate prices likely returned to growth in March, ending a 41-month run of declines as higher global oil prices lifted costs, while consumer inflation is expected to have edged lower. A Caixin survey of 13 institutions shows the average forecast is for the producer price index (PPI) to rise 0.5% year-on-year, r...
A shopper select pork at a supermarket in Shanghai on April 4. Photo: VCG China’s factory-gate prices likely returned to growth in March, ending a 41-month run of declines as higher global oil prices lifted costs, while consumer inflation is expected to have edged lower. A Caixin survey of 13 institutions shows the average forecast is for the producer price index (PPI) to rise 0.5% year-on-year, reversing February’s contraction.
USA Rare Earth ( USAR ) and InfraVia will each acquire approximately 12.5% equity stakes in Carester SAS, according to a statement on Thursday. InfraVia is acting through its Critical Metals Fund, seeded by the French State as an anchor investor alongside private institutional capital. The partnership is part of a broader initiative to build an integrated rare earth value chain in Lacq, France. US...
USA Rare Earth ( USAR ) and InfraVia will each acquire approximately 12.5% equity stakes in Carester SAS, according to a statement on Thursday. InfraVia is acting through its Critical Metals Fund, seeded by the French State as an anchor investor alongside private institutional capital. The partnership is part of a broader initiative to build an integrated rare earth value chain in Lacq, France. USA Rare Earth gains access to Carester's oxide output and engineering capabilities as part of the deal. Conversely, Carester will have long-term access to heavy rare earth feedstock from the company’s Round Top deposit in Texas , which is expected to begin commercial operation in late 2028. Transaction closing remains subject to due diligence and definitive documentation. More on USA Rare Earth, Inc. USA Rare Earth: Buying The Pullback Ahead Of Key Catalysts USA Rare Earth: Take Advantage Of Momentum Swings USA Rare Earth: Securing U.S. AI Tech Is In Their Hands USA Rare Earth set to start commercial shipments of magnets from Stillwater plant USA Rare Earth to partner with Arnold Magnetic Technologies for rare earth magnet supply
(RTTNews) - Catalyst Bancorp Inc (CLST) announced that it has signed a definitive agreement to acquire Lakeside Bancshares Inc (LKSB) in an all-cash transaction, strengthening its presence in southwest Louisiana.
(RTTNews) - Catalyst Bancorp Inc (CLST) announced that it has signed a definitive agreement to acquire Lakeside Bancshares Inc (LKSB) in an all-cash transaction, strengthening its presence in southwest Louisiana.
A bus driver has been killed and 16 others injured in two separate crashes involving eight vehicles within two hours on Hong Kong’s San Tin Highway. Police said on Thursday that an accident involving two cars and a taxi occurred on the highway towards Sheung Shui at 9.51pm the previous day. Eight people suffered minor injuries and were sent to North District Hospital in Sheung Shui. In another acc...
A bus driver has been killed and 16 others injured in two separate crashes involving eight vehicles within two hours on Hong Kong’s San Tin Highway. Police said on Thursday that an accident involving two cars and a taxi occurred on the highway towards Sheung Shui at 9.51pm the previous day. Eight people suffered minor injuries and were sent to North District Hospital in Sheung Shui. In another accident on the same highway, a five-vehicle collision killed a 49-year-old public light bus driver and...